Influence on global oil markets is also expected to rise. with U.S. oil exports more than doubling.
Read More »OPEC Meet with U.S. Shale Firms in Houston on Monday
The OPEC cut has boosted prices. which topped $71 a barrel this year for the first time since late 2014.
Read More »U.S. to Overtake Russia as Top Oil Producer by 2019
On the demand side. Birol said the IEA expected growth of around 1.4 million bpd in 2018.
Read More »China Surpasses United States as Biggest Nuclear-Energy Nation
China will be the main driver for reshaping the energy market in the upcoming years.
Read More »Mexico Becomes 30th IEA Member
Mexico was invited to become the IEA’s 30th member country in June 2017.
Read More »Interaction between OPEC and Shale Keep Oil Prices between $60-$75
For now. it does not seem likely that OPEC will emerge as a black swan to the oil market this year.
Read More »China`s Energy Revolution Calls for Rethink by Fossil-Fuel Ports
China steers toward a car industry based on NEVs. the oil trade will lose its luster.
Read More »S.Arabia Plans to Double Natural Gas Production in Next 10 Years
OPEC’s cut has boosted oil prices. which in January topped $71 a barrel for the first time since 2014.
Read More »IEA: The United States could Become the World’s Largest Oil Producer
Fast-rising production from non-OPEC counties. led by the US. is likely to outweigh demand according to the IEA document.
Read More »IEA: End of OPEC Production Cuts in June Would Be Surprise
The U.S. will add about 1 million barrels a day of new supply this year.
Read More »